Economy

Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

oil

Saudi comments add to market volatility

A slump in prices is temporary and it will be “difficult, if not impossible” for OPEC to curb its oil production amid a glut, said Ali Al-Naimi, Saudi Arabia’s oil minister.
Iran-petchem

Iran to resume petchem exports to Europe

A consignment of linear low density polyethylene (LLDPE), measuring 2,000 tons with a total value of over $2 million, will be shipped to Belgium next week.
Mehdi Karbasian

We need to attract foreign investment: Iranian deputy trade min.

Under a 5-phase joint venture between Iran and Kuwait a steel mill is to be set up in the Persian Gulf Special Mineral Industry Zone in southern Iran.
SMT-South Africa

Iran, S. Africa eye $2 billion trade; a dream that can come true

It is not hard for Iran and South Africa to raise their non-oil trade to $2 billion if their business sectors earnestly get down to business.
Elias Naderan

Dependence of government’s public funds on oil should end: MP

Elias Naderan, a principlist MP, says government coffers rely on revenues generated by the government’s monopoly over oil industry and other natural resources.
Iran-Germany-Trade

Business as usual after 20 years; A German delegation is in Iran

A German trade delegation is in Tehran to talk business with Iranian officials and size up investment opportunities in the country.
Elecomp Exhibition Tehran

Elecomp 2014 opens in Tehran

A four-day International Exhibition of Electronics, Computer and E-Commerce opens in Tehran.
Valiollah Seif

Central Bank chief expounds on new banking corruption case

The corruption occurred between 2006 and 2012. However, officials learned about it in 2013.
Iran-Qom Carpets Expo

Iran to release Persian Carpet Encyclopedia

The focus of Persian Carpet Encyclopedia is on designs, patterns and aesthetics, technical knowledge, management, economics and trade, history, geography and the styles of carpets.
Peugeot-Citroen

Peugeot holding ‘intense’ talks to return to Iran

French car giant Peugeot eyes a comeback to Iran's lucrative market.

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